5, Parade Close
5, Parade Close
Description & Estimates
Public records show 5, Parade Close, Preston to be a modern leasehold house with 1,528 ft2 of internal area, sitting on a 688 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Parade Close, Preston has an estimated sale value of £468,702 and an estimated rental value of £1,299 per month, assuming reasonable condition and based on the information available.
Parade Close, Garstang, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
Our Data Sources
5, Parade Close, Preston has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 5, Parade Close, Preston would be worth £492,137, with a potential rental value of £1,364 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £435,893, with a rental value of £1,208 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Parade Close, Preston has declined by £1,960 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (3.1%). The property's estimated gross yield is currently 3.3%.
Plot Size
5, Parade Close, Preston occupies a 688 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
5, Parade Close, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Parade Close, Preston last changed hands on 26th April 2016, selling for £369,995. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 19.1% since April 2016.
- Sold Apr 2016£369,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 940 metres of 5, Parade Close, Preston across the last 2 years.
Most recently, 5, Leathercote, Preston, PR3 1QT, a freehold house, sold at £426,000 on the 20th March 2025.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Parade Close, Preston as the largest and the most expensive of the 5 addresses on Parade Close, Garstang, Preston, PR3.
Against the PR3 postcode district average, it is £155k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Mary and St Michael's Catholic Primary School, Garstang
- 600mGarstang St Thomas' Church of England Primary School
- 1.2kmGarstang Community Primary School
- 900mGarstang Community Academy
- 10.3kmBroughton High School
- 12.6kmFulwood Academy
More reading links
Public Transport Nearby
Salwick station is the nearest stop to 5, Parade Close, Preston at 13.0 kilometres away.
- 13.0kmSalwick
- 13.9kmKirkham & Wesham
- 15.1kmPoulton-le-Fylde
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
